UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 8, 2004
P & F INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-5332 22-1657413
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(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation Identification Number)
300 Smith Street, Farmingdale, New York 11735
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 631-694-1800
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
____ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
____ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
____ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17CFR 240.14d-2(b))
____ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On October 8, 2004, P & F Industries, Inc. (the "Company") issued a press
release (the "Press Release") announcing, among other things, that its Board of
Directors had authorized the repurchase of an additional 125,591 shares,
increasing the total share repurchase authorization to an aggregate of up to
150,000 shares of Class A Common Stock, and that the Board of Directors had
extended the time during which P & F may purchase shares under its share
repurchase program to September 30, 2005. The Press Release is attached hereto
as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press Release, dated October 8, 2004, issued by P & F
Industries, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
P & F INDUSTRIES, INC.
Date: October 8, 2004 /s/ Joseph A. Molino, Jr.
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Joseph A. Molino, Jr.
Vice President and
Chief Financial Officer